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Managing and Constructing Trend Lines

Duration: 59.1

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Harry Boxer, as a professional and experienced trader, uses trendlines profusely to examine major trends, minor trends, trend changes and support/resistance. In this video Harry teaches the mechanics of how he draws lines, what makes them quality lines, and how he uses multiple lines to help see changes of momentum within trends. Using channels, price patterns, lows or highs, he helps the listener see how chartists must not only draw but adjust and examine trendlines on a regular basis. Through clear chart examples mixed with price analysis and projection, you’ll see how the correct application of trendlines is key to setting targets, measured moves and stops.

What You'll Learn:

  • How to construct trendlines for both up and down trends
  • To recognize internal trends within longer trends
  • The value of trendline breaks for evaluating trend changes
  • The methods of drawing price patterns with the trendline tools
  • The value of retaining trendlines on charts for longer period of times
  • Some of Harry Boxer's favorite trading price patterns fully illustrated
  • How to examine potential price moves based on lines drawn on the chart
  • Using extended lines to help project targets, support or resistance
  • How to use short and long-term consolidation to predict future movements
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